Germany's leading retailer faces insolvency plan | Seven locations to be consolidated, three discontinued in spring 2010 | Investor process initialised

Essen, 1 December 2009.  The insolvency administration and management of Karstadt Warenhaus GmbH have informed employee representatives and staff that 86 department stores, 26 sports outlets and 8 bargain centres with over 25,000 jobs nationwide are set to remain open under the company's insolvency plan.

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Berlin. April 02, 2009. Together with Top-Model Eva Padberg, Berlin's Governing Mayor Klaus Wowereit opened this morning at 09.00 o'clock sharp the new Karstadt house in Berlin, the latest department store of the capital. With a ribbon-cutting ceremony, they jointly inaugurated the new house. more

Essen, March 09, 2009. Imaginarium, the world-wide operating Spanish leading retail company for children and families has chosen Karstadt Warenhaus GmbH as partner for its market entry in Germany. In 2009 around 40 Imaginarium Shop-in Shops are going to open in the Karstadt stores. The Imaginarium range will complete Karstadt's toy selection with products designed especially for babies and toddlers up to the age of 8.

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